AERO TOKEN - Shift of the sharing economy from airspace to the Cloud

AEROToken permits hosts (i.e., holders of properties) for the drone right-of-way project to approve their assets.
Those owners of the property, as well as providers of drone services, retain control of their assets, a discretion to use and are continuously communication in the real-time through voluntary granting of revocable rights-of-way (ROWs) and authorization for access to private –and/or public–property in the AERO network.

We are proposing a mechanism to encourage both owners (i.e. hosts') to participate and to provide an unconfined possibility of creation of dynamic flight paths to commercial drone service providers (i.e., as opposed to static routes), instead of an eminent domain action that unnecessarily drives public policy questions and probable disputes on unsuspecting individuals.

Hosts and users use trusted centralized intermediaries in the present Sharing Economy to facilitate host/user pairings, provide reliability barometers, dispute resolution mechanisms, and, where necessary, guarantee compensation. While central intermediaries can and undoubtedly provide the global economy with material value, their long-term value proposition does not include anything more than electronic gatekeepers who actively block supply and demand data.

Data siloing also creates a reliance on both hosts and users for the intermediary services provider, limiting consumers ' choice, and preventing potential host revenues. Since every company that shares the business economy (e.g., ride-sharing service) unilaterally develops and expands its market presence, it is not just a question of hosts and users alternating between service providers to share the shared economy successfully (e.g., to reserve a ride or take the passenger).

Sharing the Blockchain economy: A strong influence, Blockchain's real-world use, and Crypto Tokens

In a peer-to-peer (or peer-to-blockchain) society, hosts would be able to go to the Blockchain directly to notify other network users and investors that their resources or products are accessible. Thus, the reliance on a single organization to match potential hosts and service providers based on siloed data may be eliminated from decentralized applications ("dApps').

In order to eliminate the reliance on third-party processors for compensation, dApps can use smart contracts. Smart contracts should guarantee that enough funds are kept in an applicant participant's wallet prior to registration and that allocated funds are moved to a hosted wallet after confirmation of the implementation of the requirements specified in the contract.

Airspace is an underused, valuable, and ideal share economy asset.

In the sharing economy, hosts typically charge for their assets with "additional costs." Different additional costs can be manifested in a number of ways, depending on the context and nature of the shared asset. From housing to the maintenance of a vehicle, the severity of the additional costs varies between the types of assets that are shared by specific transactions. In addition, all people involved in the sharing economy are inherently exposed to material non-monetary additional risks.

When authorizing third people to enter one's house, car or property, non-trivial liability, and physical safety issues are not to be overlooked. Ideal underused assets to raise host incomes in the sharing economy are resources that I have small additional cash costs, limited obligation, and provide all parties involved with reduced physical risk.

Giving temporary airspace exposure for payment to drones not only solves the three-part concept of the optimal underused property, it is a perfect use to show the efficient and effective function of the digital economy on the Blockchain.